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OSL: A large number of virtual asset companies have returned to Hong Kong from Singapore in the past year

OSL Group CFO Hu Zhenbang said that the declaration of the SAR government on virtual assets in 2023 has indeed strengthened the confidence of the industry. There was a time when some virtual asset-related enterprises were transferred from Hong Kong to Singapore for development, but a large number of these enterprises have returned to Hong Kong in the past year, which shows that there is greater confidence in the future development of Hong Kong's virtual asset market. The 27th anniversary of Hong Kong's return to the motherland is approaching. Last year, the SAR government successively introduced a series of regulations such as the regulation of licensed platforms, which greatly enhanced the confidence of global investors in Hong Kong's virtual asset market. Therefore, many talents and technology enterprises have returned to Hong Kong for development. The industry generally believes that Hong Kong's advantages in developing the virtual asset market are becoming more and more obvious.